Leading international law firm Clifford Chance has advised MBK Partners and TPG on the proposed merger of WTT and Hong Kong Broadband Network Limited (HKBN).

MBK Partners is North Asia's largest independent buyout firm, and TPG is a leading alternative asset firm. Upon completion of the merger, HKBN, the second largest provider of residential broadband services in Hong Kong, will issue MBK Partners and TPG (currently joint owners of WTT) a combination of shares and Vendor Loan Notes which reflects a valuation of the WTT group at HK$10.5 billion. 

DLA Piper represented Grupo Financiero Interacciones, S.A. de C.V. and its subsidiaries in a merger with Grupo Financiero Banorte, S.A.B. de C.V., a Mexican banking and financial services holding company.

As a result of the merger, Banorte became the second-largest financial group in Mexico in terms of total assets. The transaction was valued at MX$26.5 billion and was comprised of cash and stock.

Cleary Gottlieb is representing Bemis Company in connection with its $6.8 billion all-stock combination with Amcor.

The combination of Amcor and Bemis will create the global leader in consumer packaging, with the footprint, scale, and capabilities to drive significant value for shareholders, offer customers and employees the most compelling value proposition in the packaging industry, and deliver the most sustainable innovations for the environment.

Clayton Utz is advising ASX-listed geospatial imagery products and services company Spookfish Limited (ASX: SFI) on its entry into a scheme implementation agreement for a merger with Eagle View Technologies Inc. The transaction was announced to the market today.

Clayton Utz corporate partner Mark Paganin and special counsel Stephen Neale are leading the firm's team, with key support from Benjamin Depiazzi and Heather Costelloe.

Leading law firm Blake Morgan has advised Vail Williams on its merger with Hughes Ellard to create the largest property advisory team in the Solent region.

Vail Williams is a longstanding client of Blake Morgan, and this latest merger increases Vail Williams’ property transactional team in the south to 50, while the firm's national team will expand to more than 160 across eight offices.

Debevoise & Plimpton LLP has advised PJSC MegaFon (“MegaFon”) in its recently completed transaction with SLV Group (“SLV”) to merge the Svyaznoy and Euroset retail chains.

The combined company operates the largest technology retail chain in the world by number of stores (more than 5,000), with the target of increasing the accessibility and consumer understanding of modern high-tech products. The combined company has more than 30,000 sales consultants.

As part of the merger, Vermögensverwaltungsgesellschaft Hautau GmbH & Co. KG sold 75 percent of the shares in Hautau GmbH to Mayer & Co group and continues to hold a 25 percent interest in Hautau. With the partnership, both family-owned companies are expanding their program allowing them to serve their customers even better in the future. Management and contacts for customers of both companies will remain unchanged. It is also planned to keep the companies’ independent market presence.